Nacha News

Nacha creates broadly adopted payment and financial messaging rules and standards through consensus-led governance, international collaboration, and innovative development practices. We continually advance the ubiquitous ACH Network and engage diverse stakeholders to accelerate a digital future of global financial services interoperability.

784 results

ACH Network Volume Jumps 9.5% in Third Quarter

October 15, 2019
ACH Network payment volume and Same Day ACH payment volume both soared in the third quarter of 2019. The 6.2 billion ACH payments in the third quarter is an increase of 9.5% from a year earlier. There were 3.6 billion debit transactions and 2.6 billion credits. Those payments were valued at $14.1 trillion, which is nearly 11% more than the third quarter of 2018. 
Press Release

Senate & House Hold Hearings on Faster Payments

October 3, 2019
The Senate and House both held hearings last week regarding Faster Payments in the U.S. Nacha provided a Statement for the Record for each hearing.
Government Affairs Updates

Nacha Government Relations Update – Oct. 03, 2019

October 2, 2019
Nacha's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: Senate & House Hold Hearings on Faster Payments; Nacha on the Hill in Advance of Faster Payments Hearings; House Passes Cannabis Legislation; and more.

House Passes Cannabis Legislation

October 2, 2019
On Sept. 25, 2019, the U.S. House passed legislation that would allow banks and credit unions to provide financial services to state-authorized cannabis businesses without federal penalties.
Government Affairs Updates

Nacha Adds Synovus as a Direct Financial Institution Member

September 30, 2019
Nacha today announced the addition of Synovus as a Direct Financial Institution Member. Nacha’s Direct Members now consist of 32 financial institutions and 11 Payments Associations (PAs) that jointly represent approximately 11,000 financial institutions across the U.S. “On behalf of Nacha and its Board of Directors, I welcome Synovus to the Nacha family as a Direct Member,” said Jane Larimer, president and CEO of Nacha.
Press Release

August Same Day ACH Numbers Heat Up

September 26, 2019
Same Day ACH had an impressive August, showing large gains over a year earlier. And the number of Same Day PPD payments more than doubled.
Blog

Nacha Meets with Regulators

September 25, 2019
Nacha’s Mike Herd, Jordan Bennett and Bill Sullivan met with federal regulators in the tri-annual in-person meeting at OCC Headquarters.

Nacha Highlights TPPPA Conference Panel

September 25, 2019
Nacha’s Bill Sullivan and Scott Talbot of ETA addressed the Third Party Payments Processors Conference on the efforts of educating DC policymakers on payment-related matters with an eye toward policy discussions that may impact third parties.

Nacha on the Hill in Advance of Faster Payments Hearings

September 25, 2019
Nacha's Bill Sullivan met with staff from the House Financial Services Committee’s Fintech Task Force in a series of 15 meetings to help staff understand and prepare for the Senate and House faster payments hearings.

Getting Your Money Via ACH: Faster is Better

September 20, 2019
As a general rule, faster is better. After all, who doesn’t like less traffic, or a plane that lands early? By the same token, who wouldn’t want to get their money quicker? That’s why there’s a lot to like about the new rule making ACH credits available in bank accounts sooner.  
Blog

Nacha Government Relations Update – Sept. 19, 2019

September 18, 2019
Nacha's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: Federal Judge Dismisses CSBS’ Second Lawsuit against OCC’s Fintech Charter.